401(k) · DOL Form 5500 · 2023

Wallace, Montgomery & Associates 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
193
Participants Below avg headcount
82nd
Percentile by assets National rank
$195,680
Avg per participant Above avg balance/head
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Official DOL plan name: Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan · Sponsored by Wallace, Montgomery & Associates · Maryland · Professional & Technical Services

$38M in assets, 193 participants

Wallace, Montgomery & Associates's Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan reported $38M in total assets and 193 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #16,862 in Professional & Technical Services (20,321 peers)

Coverage in Maryland

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan covers 193 participants in Maryland, about 21% of the average Maryland filer (state average ~929 per filing). Assets: $38M.

#16,862
in Professional & Technical Services (20,321 peers)
+16.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan's outsized position by total assets

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$37,766,307 Top 18% higher than 82% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan sits mid-pack in the medium band (193 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan reported net income rose from -$6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan end-of-year assets rose from $32M in the plan year 2022 filing to $38M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 521051946 · Wallace, Montgomery & Associates PY 2023 · 401(k)

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan · $38M · 193 · 82nd

  • BOY $38M
  • BOY 193
  • BOY 82nd
  • BOY 401(k)
  • BOY near Emtec Global Services, LLC 401(k) Profit Sharing Plan
  • BOY ind #16862

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Maryland →

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan in the asset neighbourhood

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing PlanWallace, Montgomery & Associ…$38MEmtec Global Services, LLC 401(k) Profit Sharing PlanEmtec Global Services, LLC 4…$38MC. F. Martin & Co., Inc. 401(k) Plan for Hourly EmployeesC. F. Martin & Co., Inc. 401…$38MEfgi U.S. Companies 401(k) PlanEfgi U.S. Companies 401(k) P…$38MPeerless Beverage Company 401(k) Profit Sharing PlanPeerless Beverage Company 40…$38M
End-of-year total assets ($M) among Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$38M
Net Income$5M
Employer EIN521051946
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wallace, Montgomery & Associates)

Sponsor-wide plan assets over time

All Wallace, Montgomery & Associates plans reported in each filing year

Latest sponsor-wide plan assets
$45M 38.31622994746578% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $32.4M $44.8M ▲ +38.3%
Year Plans Participants Total Assets
2022 1 194 $32M
2023 1 193 $38M
2024 1 211 $45M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.037766307 · Participants: 193Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Emtec Global Services, LLC 401(k) Profit Sharing Plan in FL ($38M); by covered participants it is Kevin, Inc. Profit Sharing Plan in ME (193 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (193 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan assets move in 2023?
Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan grew sharply - up 16.6% during 2023, from $32M to $38M. Reported net income was $5M.
How have Wallace, Montgomery & Associates plan assets changed over time?
Across 3 plan years on file (2022-2024), Wallace, Montgomery & Associates's sponsor-wide assets grew 38.3%, from $32M to $45M.
Where does Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Emtec Global Services, LLC 401(k) Profit Sharing Plan in FL ($38M, 301 participants).
Which 401(k) plans cover a similar participant headcount to Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Kevin, Inc. Profit Sharing Plan in ME (193 participants, $22M in assets).